Omnicom Group Inc (OMC)
Working capital turnover
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 14,692,200 | 14,499,500 | 14,364,800 | 14,322,100 | 14,289,100 | 14,276,700 | 14,268,300 | 14,272,700 | 14,289,300 | 14,190,500 | 13,962,000 | 13,191,100 | 13,171,100 | 13,555,300 | 13,972,600 | 14,891,700 | 14,953,700 | 14,899,200 | 14,989,700 | 15,129,500 |
| Total current assets | US$ in thousands | 15,384,200 | 12,564,700 | 12,812,400 | 12,895,200 | 14,613,000 | 12,030,100 | 12,496,400 | 13,397,500 | 15,909,500 | 13,763,000 | 13,658,000 | 13,732,100 | 15,590,100 | 11,862,400 | 10,893,100 | 11,850,100 | 14,584,700 | 11,600,900 | 12,802,800 | 13,072,200 |
| Total current liabilities | US$ in thousands | 16,246,000 | 13,019,000 | 13,301,200 | 13,465,100 | 15,052,800 | 12,705,400 | 13,213,700 | 14,177,200 | 16,226,200 | 13,825,200 | 13,701,600 | 13,471,900 | 15,525,100 | 12,163,800 | 11,330,900 | 12,857,000 | 15,980,900 | 13,259,800 | 15,068,100 | 14,913,100 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | 50.70 | 202.63 | — | — | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $14,692,200K ÷ ($15,384,200K – $16,246,000K)
= —
The working capital turnover ratio for Omnicom Group, Inc. is not available based on the data provided. This ratio is typically calculated by dividing net sales by average working capital over a certain period to measure how efficiently the company is utilizing its working capital to generate revenue. Without specific figures for net sales and working capital for each quarter, it is not possible to calculate the working capital turnover ratio for Omnicom Group, Inc. It is essential to have access to this information to assess the company's effectiveness in managing its working capital and generating sales.
Peer comparison
Dec 31, 2023